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Air Cooled Chillers Market Size, Trends, Opportunity, Overview and Forecast by 2031

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United States of America – November 6, 2025 – The Insight Partners is pleased to announce the release of its latest market research study, "An In-depth Analysis of the Air Cooled Chillers Market." The report offers a comprehensive look at the market's current landscape and provides detailed growth projections through the forecast period.

Market Size and Growth Projections

The global Air Cooled Chillers Market is poised for substantial expansion, driven by a global push toward energy efficiency and sustainable cooling.

  • Projected Market Size: The market size is projected to increase from US$ 971.42 million in 2024 to US$ 1,614.43 million by 2031.

  • CAGR: This growth represents a robust Compound Annual Growth Rate (CAGR) of 7.6% during the 2025–2031 forecast period.

Key Factors Driving Market Dynamics

The market's acceleration is fueled by several critical factors:

  • Sustainability & Regulations: Rising demand for energy-efficient and environmentally friendly cooling solutions is driven by stringent global regulations (like the U.S. AIM Act) and corporate ESG (Environmental, Social, and Governance) goals. This includes the mandated phase-out of high GWP (Global Warming Potential) refrigerants.

  • Urbanization & Infrastructure: Rapid urbanization and industrial expansion, especially across emerging economies in the Asia-Pacific region, are boosting the need for reliable and scalable cooling systems.

  • Water Scarcity: Air cooled chillers are increasingly preferred over water-cooled systems due to their lower water usage, making them ideal for water-scarce regions.

  • Technological Advancements: The integration of IoT, AI, and machine learning is creating smart chillers with enhanced energy management, real-time monitoring, and predictive maintenance capabilities.

Download PDF Samplehttps://www.theinsightpartners.com/sample/TIPRE00041042 

Emerging Trends and Opportunities

The air cooled chillers sector is undergoing a significant transformation:

  • Technology Focus: Adoption of oil-free and variable-speed compressors for superior efficiency, along with innovations in heat exchanger design (e.g., microchannel technology) to reduce refrigerant charge.

  • Shifting Preferences: Consumers and businesses are prioritizing chillers with low-GWP refrigerants and advanced energy-saving features like variable speed drives and smart controls.

  • Key Growth Sectors: Significant growth opportunities exist in serving the expanding needs of data centers, healthcare facilities, commercial spaces, and residential high-rises.

Report Segmentation

The comprehensive report analyzes the market across the following key segments:

By Process By Application
Continuous Flow Chillers Industrial Manufacturing
Immersion Chillers Food and Beverage Processing
Medical Equipment
Others

Conclusion for Stakeholders

The "Air Cooled Chillers Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast" report offers essential, fact-based insights for stakeholders looking to expand operations, enhance business opportunities, and make data-driven decisions within this dynamic market.

About Us:

The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients get solutions to their research requirements through our syndicated and consulting research services. We specialize in semiconductor and electronics, aerospace and defense, automotive and transportation, biotechnology, healthcare IT, manufacturing and construction, medical devices, technology, media and telecommunications, and chemicals and materials.

Contact Us:
If you have any queries about this report or if you would like further information, please get in touch with us:
Contact Person: 
Ankit Mathur
E-mail: ankit.mathur@theinsightpartners.com
Phone: 
+1-646-491-9876
Also Available in : KoreanGermanJapaneseFrenchChineseItalianSpanish

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